Turn the Instant Pot onto Saute mode and once it's hot add the 2 tbsp of oil. Next add the cumin seeds and let them splutter for about 30 seconds. Next add the diced onions, bay leaves, and thyme. Cook until the onions are slightly translucent (about 3-4 minutes).
Next add the diced peppers, and conitnue to cook for an additional 3-4 minutes. Add the garlic, tomato paste and cook for about 3-4 minutes until the garlic is fragrant and the tomato paste is well combined and the peppers have started to soften.
Next add the ground turkey, salt, spices except the chipotle in adobo and stir for about 4-5 minutes to allow the turkey to cook. Add the broth, stir well and place a lid on the Instant Pot. Hit cancel and switch the Instant Pot to high pressure cook mode and set the timer for 5 minutes. Once the timer goes off, let the Instant Pot cool down for 10 minutes and then quick release and place the Instant Pot back on Saute Mode.
Add the marinara, rinsed beans, chipotle in adobo sauce, cilantro and simmer for about 8-10 minutes to let the chili thicken a bit. Remove from heat when ready.
Serve with toppings of shredded cheese, pico de gallo, chipotle sour cream, and a side of tortilla chips for some crunh!